Tag - Manu­facturers

Refined sugar to stay tax-exempt, says Finance Ministry

PETALING JAYA: Refined sugar, commonly known as white sugar, will remain untaxed under the revised sales and service tax (SST) framework set to take effect from July 1, says the Finance Ministry. Addressing concerns raised by manufacturer MSM Malaysia Holdings Berhad, the ministry said the government's targeted taxation approach would ensure that essential goods including sugar,...

Penang water cut: Factories staring at billions in losses

GEORGE TOWN: The manufacturing sector is staring at losses that could run into billions of ringgit due to the impending 96-hour water supply cut next month, while small businesses are worried about having to close shop. They are appealing to the state government to find ways to shorten the disruption period to lessen the impact on...